M&A Year in Review 2023 brochure - Flipbook - Page 38
38
Manufacturing
and Industrials
Sector performance
In 2023, manufacturing and industrials companies
prioritized investments in smart technologies to help
navigate evolving supply chains and consumer
expectations. Businesses in the sector continued
to divest non-core assets and shift focus to
vertical integration.
The volume of cross-border chemicals M&A deals
increased in the United States and across Asia-Pacific,
while volume in Europe decreased as a result of
persisting geopolitical conflict. Despite expectations of
a chemicals market recovery, demand and rising costs
presented challenges for valuations in the sector.
Hogan Lovells activities
In 2023, our Manufacturing and Industrials team
delivered global workshops addressing market issues
like supply chains, digital transformation, ESG, and
energy transition. We hosted the annual London
Construction, Engineering, and Infrastructure Day
conference, where panelists and key industry
representatives shared outlooks for the next decade of
global construction and engineering.
Our Chemical and Industrial Products and Services
team delivered trainings on industry-related
joint ventures, reaffirming our commitment to
empowering clients to navigate and excel in the
evolving industrial landscape.
